Capital Raises Summary
Each week, Viridian publishes insights and analysis on completed capital raise transactions in the prior week, focusing on all equity and debt deals. Our analysis includes:
- Summary
- Outlook
- Best & Worst Perfromers
Quick Links
YTD Analysis
- YTD capital raises totaled $763.38M, down 11.3% from the same period in 2023. Debt as a percentage of capital raised dropped to 34.3% from 61.1% in the previous year on a worldwide basis. The U.S. bucked this trend with 58.8% of capital raised in debt compared to 49.4% in 2023.
- U.S. raises accounted for 41.7% of total funds, the lowest percentage since 2019. Conversely, raises from outside the U.S. represented a historically high 10.1% of the total funds raised.
- YTD raises by public companies accounted for 64.7% of total funds.
This weeks Sector Focus
Capital Raises vs Stock Prices
- Cannabis equities (as measured by the MSOS ETF) ended down 3.52% for the week.